Latest news
BP and associates will invest $12 billion in Egypt gas transaction
British oil firm BP hopes to invest approximately $12 billion with its associates as part of a concluded West Nile Delta concession agreement to develop 5 trillion cubic feet of gas resources and 55 million barrels of condensates.
read more... 09/03/2015
German utility EWE thinks about sale of stake in gas company VNG
EWE AG, Germany's fifth-biggest utility by sales, is in negotiations to vend its stake in gas company VNG AG, a transaction that could bring 1.3 billion euros ($1.45 billion), as stated by two sources familiar with the deal.
read more... 06/03/2015
Lithuania’s LNG importer obtains permission to trade gas in Estonia
Litgas, Lithuania's liquefied natural gas (LNG) importer, obtained Estonia’s permission to trade natural gas in the country, as stated by the company on Tuesday, potentially opening the way for more transactions.
read more... 25/02/2015
Egypt inks an agreement with Trafigura for 33 LNG cargoes
Egypt has inked an agreement with trading house Trafigura to import 33 shipments of liquefied natural gas (LNG) spread over 2015 and 2016, the lion's share of a transaction settled with trading firms, as stated by the energy ministry on Thursday.
read more... 06/02/2015
RWE, E.ON close to a sale of stakes in Luxembourg’s Enovos
German utilities RWE and E.ON are close to a sale of their stakes in Enovos in a transaction that estimates the Luxembourg energy supplier at 2 billion euros ($2.28 billion), as stated by two sources familiar with the matter.
read more... 04/02/2015